Wednesday 15th May, 2019

Konongo (Ash), May 15, GNA – A 24 year-old
self-styled businessman accused of involvement in the production of fake Ghana
Cedi notes, has been remanded into prison custody by the Konongo Magistrate
Court, in the Asante-Akim Central Municipality.

Prince Adebayor, the suspect, was caught
red-handed by the police at Konongo, engaging in the illegal activity,
following a tip-off.

His plea was not taken would reappear before
the Court, presided over by Ms. Joyce Bamfo, on May 28, this year.

Police Detective Princeton Peasah Darkwah,
prosecuting, told the Court that on May 6, at about 1400 hours Police received
information that the accused was counterfeiting Ghana Cedi notes in front of a
shop at Konongo.

He said the police proceeded to the place
and arrested the accused who was found right in the act.

The prosecution further told the Court that
the accused had in his possession 13 brown envelopes with a concealed
compartment containing genuine two Cedi notes, painted black.

He said other items found on him were three
bottles containing a black liquid, a small bottle with a whitish powder and 12
pieces of white paper, cut into the size of two Cedi notes.

He led the police in the course of
investigation to Ejisu, where he claimed his boss was residing, but on reaching
there, the police found an empty office.

The accused however refused to name the said
boss.

Detective Inspector Peasah said the accused
later confessed to the police that he was on his own as a fake currency
producer and that he did this with no accomplice as he had earlier asserted.

He said the accused also admitted
counterfeiting two Cedi notes to defraud the unsuspecting public and
demonstrated to the police, the process he used to produce the fake currency
notes and how he outwits his victims.

The prosecution said the police for the
purpose of evidence, filmed the demonstration by the accused.